Some are and some arent, what we are seeing is the ones that are and take our professional advice ( a major part of why they hire us) and price it right ..from the beginning...are selling in less than 90 days assuming no major interior or exterior defects such as main road, high tension wires, etc,
The ones that are not reasonable and feel they know better or that they want to "start high" and come down later end up chasing the market.
In a declining market you have to be in front of falling prices meaning you should price the house right about where it should sell, even slightly under to effect a quick sale or even over asking as result of a bidding war...YES THEY STILL HAPPEN!!
If I can assist you in your search, I live in Fair Haven and sell homes in the area. Feel free to call at 732-859-7682 or email me at BillKilbride@msn.com
Best of Luck!! It is a good time to buy. - Wed Jun 17 2009, 20:15